Bitcoin Dominance Targets for 2020
Given the breakdown structure of Bitcoin Dominance during the 2017 Altcoin Bull Run, and facing the present top formation in Dominance in the spring of 2020, we may expect Dominance will drop as the second and third generation crypto technologies mature.
Coronavirus changes medium term expectations. And can be viewed as an event that will distinguish the viable crypto projects from the good ideas that are not ready yet.
Altcoin Season 2020
Bitcoin Dominance is only part of the story. It is a great bit of data, but it is the average - and it goes not provide insight into the best altcoins to watch in 2020. Instead, we need a consistent trend following trading plan that we measure each individual crypto against... and continually grade all the coins against this plan so that we come up with a standard measure to determine which are the strongest coins - and which are the least likely to survive.
2020 Will Be A Year Of Delistings
Many crypto projects have been working on a shoestring and a hope. With coronavirus sweeping out the world economy, good ideas without business backing... will have to restart again later.
By grading each coin on Binance and Poloniex daily, we created a simple Color Coded Spreadsheet that now lets us sort, review and compare the performance of each coin over the past mini altcoin market moves, and we can quickly sort out those projects that showed strength and have pulled back, from those that did almost nothing, and have also pulled back.
We have a clear list of about 50 coins on Binance that are the altcoins to watch in 2020
AND perhaps more important, we have a list of coins that may be DELISTED, and never have any gains from the altcoin season in 2020
The Bull Market Watch by introtocryptos.ca
Altcoin Season 2020 Will Be Slow
Given the general economy, growth in the best crypto projects may not be as explosive as the 2017 bull market. Watch for slower trends in alts, with more moderate targets in Bitcoin Dominance.
Coronavirus changes medium term expectations. And can be viewed as an event that will distinguish the viable crypto projects from the good ideas that are not ready yet.
Altcoin Season 2020
Bitcoin Dominance is only part of the story. It is a great bit of data, but it is the average - and it goes not provide insight into the best altcoins to watch in 2020. Instead, we need a consistent trend following trading plan that we measure each individual crypto against... and continually grade all the coins against this plan so that we come up with a standard measure to determine which are the strongest coins - and which are the least likely to survive.
2020 Will Be A Year Of Delistings
Many crypto projects have been working on a shoestring and a hope. With coronavirus sweeping out the world economy, good ideas without business backing... will have to restart again later.
By grading each coin on Binance and Poloniex daily, we created a simple Color Coded Spreadsheet that now lets us sort, review and compare the performance of each coin over the past mini altcoin market moves, and we can quickly sort out those projects that showed strength and have pulled back, from those that did almost nothing, and have also pulled back.
We have a clear list of about 50 coins on Binance that are the altcoins to watch in 2020
AND perhaps more important, we have a list of coins that may be DELISTED, and never have any gains from the altcoin season in 2020
The Bull Market Watch by introtocryptos.ca
Altcoin Season 2020 Will Be Slow
Given the general economy, growth in the best crypto projects may not be as explosive as the 2017 bull market. Watch for slower trends in alts, with more moderate targets in Bitcoin Dominance.